Steel Market Summary – International

October 6, 2025 Steel Market Summary – International European Union To Apply 50% Tariffs And Lower Quotas It is being reported that the European Commission on behalf of the European Union is set to propose cutting steel import quotas by nearly half and then introducing a 50% tariff on volumes above those revised quota levels. […]

New Zealand News

October 6, 2025 New Zealand News Steel Industry Preparing For Improved Conditions  New Zealand´s economic activity entered negative territory (again) in the June 2025 quarter, with GDP falling by 0.9%. The state of the economy obviously has a profound effect on the construction sector which has long been a cornerstone of New Zealand’s prosperity. The […]

Steel Market Summary – Australia

October 6, 2025 Steel Market Summary – Australia As InfraBuild Expands, BHP Comes Under Pressure InfraBuild has announced it has taken delivery of two new electric arc furnace (EAF) bowls at its Laverton melt shop in Victoria. The additions are part of an investment program which aims to increase the site´s production by 25% to […]

SMS-Aust 18 Sept25

September 18, 2025 Steel Market Summary – Australia Steel Industry Condemns High Energy Prices The two major steelmakers in Australia – BlueScope Steel and InfraBuild – plus the Australian Steel Institute (ASI), have claimed the local steel industry is struggling for viability due to exorbitant energy prices and cheap foreign steel imports. Their concerns are […]

NZN Sept25

September 5, 2025 New Zealand News Infrastructure Horizon – Navigating Challenges, Celebrating Progress  The New Zealand steel industry stands at a critical juncture, its future dictated in large part by the country´s infrastructure plans. With rapid population growth, evolving climate requirements and technological shifts reshaping public needs, the nation’s pipeline of major infrastructure projects is both […]

SMS-Int Sept25

September 5, 2025 Steel Market Summary – International Most Trump Tariffs Illegal, As Chaos Continues In the United States, the Court of Appeals for the Federal Circuit ruled on August 29 that most of the “reciprocal” tariffs Donald Trump announced on April 2 were illegal. The Court said Trump had overstepped his presidential authority when […]

SMS-Aust 5 Sept25

September 5, 2025 Steel Market Summary – Australia BlueScope Steel Loses Appeal Against Cartel Penalty The Full Federal Court has dismissed appeals by BlueScope Steel and its former general manager of sales and marketing, Jason Ellis, against earlier Federal Court decisions in a civil cartel proceeding brought by the Australian Competition and Consumer Commission (ACCC). […]

SMS-Aust 18 Aug25

August 19, 2025 Steel Market Summary – Australia Profit Plunge, But BlueScope Steel Optimistic BlueScope Steel has recorded a 90% plunge in after tax profit for the financial year to June 30, 2025 (FY2025). Profit dropped to $83.8 million from $805.7 million achieved the year before. Underlying EBIT of $738.2 million for FY2025 was $601.0 […]

Alter Steel August 6 News

July 22, 2025 Press Release Alter Steel And Danieli In $750M Queensland Steel Mill Project  Alter Steel has finalised its contract with Italian engineering firm Danieli to supply the technology and equipment for its $750 million steel mill in Pinkenba, Queensland, with the down payment now made to secure delivery. When complete, the facility will […]

SMS-Int Aug25

August 6, 2025 Steel Market Summary – International Slow-Burn Dangers Of Trump´s Trade War The chaotic manner in which the US President, Donald Trump, has prosecuted his global trade war in recent months has had many obvious effects. His fluctuating and exaggerated tariff rates have caused confusion and dismay in equal measure. However, aside from […]